Tech Company Financing Transactions

Macheen Funding Round

Macheen, based in Austin, raised $10 million in funding from North Bridge Venture Partners and Mercury Fund.

Transaction Overview

Company Name
Announced On
6/15/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors

North Bridge Venture Partners (Lead Investor) (Basil Horangic)

Mercury Fund (Ned Hill)

Proceeds Purpose
The company will use the funding to build on its successful market entry earlier this year.

Company Information

Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
9500 Arboretum Blvd. 110
Austin, TX 78759
USA
Email Address
Overview
Macheen manages the complexity to enable device makers and retailers to ship devices with the Internet included, anywhere. Device makers and retailers brand the services and gain profitable, recurring revenue.
Profile
Macheen LinkedIn Company Profile
Social Media
Macheen Company Twitter Account
Company News
Macheen News
Facebook
Macheen on Facebook
YouTube
Macheen on YouTube

Management Team

Title
Name
Email & Social
Chairman
Richard Schwartz
  Richard Schwartz LinkedIn Profile  Richard Schwartz Twitter Account  Richard Schwartz News  Richard Schwartz on Facebook
Chief Financial Officer
Jayne Walters
  Jayne Walters LinkedIn Profile  Jayne Walters Twitter Account  Jayne Walters News  Jayne Walters on Facebook
VP - Bus. Development
George Kanuck
  George Kanuck LinkedIn Profile  George Kanuck Twitter Account  George Kanuck News  George Kanuck on Facebook
VP - Marketing
Darcy Kurtz
  Darcy Kurtz LinkedIn Profile  Darcy Kurtz Twitter Account  Darcy Kurtz News  Darcy Kurtz on Facebook
VP - Operations
Grant Hartline
  Grant Hartline LinkedIn Profile  Grant Hartline Twitter Account  Grant Hartline News  Grant Hartline on Facebook
VP - Product Management
Glenda Akers
  Glenda Akers LinkedIn Profile  Glenda Akers Twitter Account  Glenda Akers News  Glenda Akers on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/15/2011: Chiasma venture capital transaction
Next: 6/15/2011: AxoGen venture capital transaction

 

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Our team works diligently to document all VC transactions involving tech companies. VC investment data records on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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